Southern Copper (SCCO) Research & Development (2009 - 2026)
Southern Copper (SCCO) recorded quarterly Research & Development of $10.8 million in Q1 2026, down 37.21% quarter-over-quarter from $17.2 million in Q4 2025, and down 7.69% on a YoY basis from $11.7 million in Q1 2025.
Southern Copper (SCCO) Research & Development (2009 - 2026) Analysis & Trends
Southern Copper's Research & Development history runs 18 years deep, the most recent figure standing at $10.8 million for Q1 2026.
- In Q1 2026, Research & Development fell 7.69% year-over-year to $10.8 million; the TTM figure through Mar 2026 stood at $51.9 million (down 13.5% YoY), while the FY2025 annual figure was $52.8 million, down 13.3% from the prior year.
- Research & Development was $10.8 million for Q1 2026 at Southern Copper, down from $17.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $18.6 million in Q2 2024 to a low of $9.1 million in Q1 2022.
- Historically, Research & Development has averaged $13.0 million across 5 years, with a median of $12.1 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development sank 33.53% in 2022, then jumped 61.46% in 2023.
- A 5-year view of Research & Development shows it stood at $11.1 million in 2022, then surged by 39.64% to $15.5 million in 2023, then climbed by 6.45% to $16.5 million in 2024, then gained by 4.24% to $17.2 million in 2025, then sank by 37.21% to $10.8 million in 2026.
- The last three Research & Development figures came in at $10.8 million (Q1 2026), $17.2 million (Q4 2025), and $10.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 10.80 Mn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 38.00 Mn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 16.20 Mn |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | - |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 404,000.00 |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.80 Mn |
| Dec 31, 2025 | 17.20 Mn |
| Sep 30, 2025 | 10.20 Mn |
| Jun 30, 2025 | 13.70 Mn |
| Mar 31, 2025 | 11.70 Mn |
| Dec 31, 2024 | 16.50 Mn |
| Sep 30, 2024 | 13.20 Mn |
| Jun 30, 2024 | 18.60 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 15.50 Mn |
| Sep 30, 2023 | 15.50 Mn |
| Jun 30, 2023 | 12.10 Mn |
| Mar 31, 2023 | 11.90 Mn |
| Dec 31, 2022 | 11.10 Mn |
| Sep 30, 2022 | 9.60 Mn |
| Jun 30, 2022 | 11.80 Mn |
| Mar 31, 2022 | 9.10 Mn |
| Dec 31, 2021 | 16.70 Mn |
| Sep 30, 2021 | 10.90 Mn |
| Jun 30, 2021 | 9.50 Mn |